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Blog: Why the stock market plunged today?

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2 comment(s). Last comment by Lau333 2018-02-09 09:28

155 posts

Posted by Lau333 > 2018-02-09 07:48 | Report Abuse

Another 1000 points drop for DOW Jones insides today. From technical chart, potential double- bottom in the making, crucial for 23780 level to hold. Meanwhile, bond yield are relatively stable, not the trigger for today’s fall.

155 posts

Posted by Lau333 > 2018-02-09 09:28 | Report Abuse

https://www.zerohedge.com/news/2018-02-08/kolanovic-current-crisis-playing-out-exactly-same-aug-2015-crisis
A note about zerohedge, this site is full of doomsayers, so take it with a pinch of salt, but Kolanovic is a pretty smart guant guy...

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